UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 2000
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Check here if Amendment [ ]; Amendment Number:
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This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Omega Advisors, Inc.
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Address: Wall Street Plaza
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88 Pine Street
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New York, New York 10005
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Form 13F File Number: 28- 3530
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The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Leon G. Cooperman
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Title: Chairman and CEO
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Phone: 212-495-5210
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Signature, Place, and Date of Signing:
/s/ Leon G. Cooperman New York, New York 5/12/00
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Report Type (Check only one.):
[ X ] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report,
and all holdings are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for
this reporting manager are reported in this report and a portion are
reported by other reporting manager(s).)
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
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Form 13F Information Table Entry Total: 91
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Form 13F Information Table Value Total: $2,595,944
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(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report. NONE
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<PAGE>
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Form 13F INFORMATION TABLE
<C> <C> <C> <C> <C> <C> <C> <C>
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
- --------------------------------- -------------- --------- -------- ----------------- ---------- -------- -------------------------
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
- --------------------------------- -------------- --------- -------- -------- --- ---- ---------- -------- -------- ----------------
ALCOA INC COM 013817101 25,318 360,400 SH SOLE 360,400
- -----------------------------------------------------------------------------------------------------------------------------------
ABBOTT LABS COM 002824100 17,200 488,800 SH SOLE 488,800
- -----------------------------------------------------------------------------------------------------------------------------------
ACE LTD COM G0070K103 27,471 1,200,900 SH SOLE 1,200,900
- -----------------------------------------------------------------------------------------------------------------------------------
AMFM INC COM 001693100 43,543 700,900 SH SOLE 700,900
- -----------------------------------------------------------------------------------------------------------------------------------
ARGONAUT GROUP INC COM 040157109 1,154 57,500 SH SOLE 57,500
- -----------------------------------------------------------------------------------------------------------------------------------
AMERICA ON LINE INC DEL COM 02364J104 504 7,500 SH SOLE 7,500
- -----------------------------------------------------------------------------------------------------------------------------------
AMERICAN PWR CONVERSION CORP COM 029066107 42,283 986,200 SH SOLE 986,200
- -----------------------------------------------------------------------------------------------------------------------------------
APPLIED PWR INC CL A 038225108 33,602 1,179,000 SH SOLE 1,179,000
- -----------------------------------------------------------------------------------------------------------------------------------
AMERICAN STD COS INC DEL COM 029712106 47,786 1,291,500 SH SOLE 1,291,500
- -----------------------------------------------------------------------------------------------------------------------------------
AXA FINL INC COM 002451102 13,385 373,100 SH SOLE 373,100
- -----------------------------------------------------------------------------------------------------------------------------------
BANK OF AMERICA CORPORATION COM 060505104 1,049 20,000 SH SOLE 20,000
- -----------------------------------------------------------------------------------------------------------------------------------
BELL ATLANTIC CORP COM 077853109 21,400 350,100 SH SOLE 350,100
- -----------------------------------------------------------------------------------------------------------------------------------
BELLSOUTH CORP COM 079860102 26,616 566,300 SH SOLE 566,300
- -----------------------------------------------------------------------------------------------------------------------------------
CENDANT CORP COM 151313103 1,322 72,000 SH SOLE 72,000
- -----------------------------------------------------------------------------------------------------------------------------------
COMDISCO INC COM 200336105 30,389 688,700 SH SOLE 688,700
- -----------------------------------------------------------------------------------------------------------------------------------
COLUMBIA ENERGY GROUP COM 197648108 51,068 861,900 SH SOLE 861,900
- -----------------------------------------------------------------------------------------------------------------------------------
CIGNA CORP COM 125509109 34,944 461,300 SH SOLE 461,300
- -----------------------------------------------------------------------------------------------------------------------------------
CK WITCO CORP COM 12562C108 7,875 773,000 SH SOLE 773,000
- -----------------------------------------------------------------------------------------------------------------------------------
COLUMBIA/HCA HEALTHCARE CORP COM 197677107 55,050 2,174,800 SH SOLE 2,174,800
- -----------------------------------------------------------------------------------------------------------------------------------
3COM CORP COM 885535104 46,319 832,700 SH SOLE 832,700
- -----------------------------------------------------------------------------------------------------------------------------------
CABLEVISION SYS CORP COM 12686C109 23,638 389,100 SH SOLE 389,100
- -----------------------------------------------------------------------------------------------------------------------------------
CONVERGYS CORP COM 212485106 71,437 1,849,500 SH SOLE 1,849,500
- -----------------------------------------------------------------------------------------------------------------------------------
COYOTE NETWORK SYSTEMS INC COM 22406P108 5,418 492,500 SH SOLE 492,500
- -----------------------------------------------------------------------------------------------------------------------------------
COYOTE NETWORK (RESTRICTED) COM 22406P108 1,500 300,000 SH SOLE 300,000
- -----------------------------------------------------------------------------------------------------------------------------------
ECHOSTAR COMMUNICATIONS NEW CL A 278762109 40,416 511,600 SH SOLE 511,600
- -----------------------------------------------------------------------------------------------------------------------------------
EOG RES INC COM 26875P101 34,514 1,629,000 SH SOLE 1,629,000
- -----------------------------------------------------------------------------------------------------------------------------------
FLEETBOSTON FINL CORP COM 339030108 6,023 165,000 SH SOLE 165,000
- -----------------------------------------------------------------------------------------------------------------------------------
FOUND HLTH SYS INC COM 350404109 8,872 1,109,000 SH SOLE 1,109,000
- -----------------------------------------------------------------------------------------------------------------------------------
R&B FALCON CORP COM 74912E101 12,527 636,300 SH SOLE 636,300
- -----------------------------------------------------------------------------------------------------------------------------------
FIDELITY NATL FINL INC COM 316326107 249 18,000 SH SOLE 18,000
- -----------------------------------------------------------------------------------------------------------------------------------
FINOVA CAPITAL GROUP INC COM 317928109 504 30,000 SH SOLE 30,000
- -----------------------------------------------------------------------------------------------------------------------------------
GALILEO INTERNATIONAL INC COM 363547100 97,080 4,034,494 SH SOLE 4,034,494
- -----------------------------------------------------------------------------------------------------------------------------------
GENERAL MTRS CORP COM 370442105 43,907 530,200 SH SOLE 530,200
- -----------------------------------------------------------------------------------------------------------------------------------
MANOR CARE INC NEW COM 564055101 37,634 2,787,700 SH SOLE 2,787,700
- -----------------------------------------------------------------------------------------------------------------------------------
STARWOOD HOTELS&RESORTS WRLDWD PAIRED CTF 85590A203 65,132 2,481,200 SH SOLE 2,481,200
- -----------------------------------------------------------------------------------------------------------------------------------
HEALTHSOUTH CORP COM 421924101 28,374 5,101,000 SH SOLE 5,101,000
- -----------------------------------------------------------------------------------------------------------------------------------
IMPERIAL CR INDS INC COM 452729106 405 90,000 SH SOLE 90,000
- -----------------------------------------------------------------------------------------------------------------------------------
KIMBERLY CLARK CORP COM 494368103 20,418 364,600 SH SOLE 364,600
- -----------------------------------------------------------------------------------------------------------------------------------
AT&T CORP COM 001957208 98,213 1,657,606 SH SOLE 1,657,606
- -----------------------------------------------------------------------------------------------------------------------------------
LNR PPTY CORP COM 501940100 610 32,000 SH SOLE 32,000
- -----------------------------------------------------------------------------------------------------------------------------------
LO-JACK CORP COM 539451104 12,042 1,553,800 SH SOLE 1,553,800
- -----------------------------------------------------------------------------------------------------------------------------------
METHODE ELECTRS INC CL A 591520200 17,479 346,100 SH SOLE 346,100
- -----------------------------------------------------------------------------------------------------------------------------------
MALLINCKRODT INC NEW COM 561232109 24,032 835,900 SH SOLE 835,900
- -----------------------------------------------------------------------------------------------------------------------------------
MOTOROLA INC COM 620076109 356 2,500 SH SOLE 2,500
- -----------------------------------------------------------------------------------------------------------------------------------
MICROSOFT CORP COM 594918104 53,239 501,073 SH SOLE 501,073
- -----------------------------------------------------------------------------------------------------------------------------------
MONTANA POWER CO COM 612085100 22,189 346,700 SH SOLE 346,700
- -----------------------------------------------------------------------------------------------------------------------------------
BAYCORP HLDGS CORP COM 072728108 53,340 2,667,000 SH SOLE 2,667,000
- -----------------------------------------------------------------------------------------------------------------------------------
NAVISTAR INTL CORP NEW COM 63934E108 16,503 411,300 SH SOLE 411,300
- -----------------------------------------------------------------------------------------------------------------------------------
NEWHALL LAND & FARMING CO CAL DEPOSITARY REC 651426108 40,022 1,416,700 SH SOLE 1,416,700
- -----------------------------------------------------------------------------------------------------------------------------------
NIAGRA MOHAWK HLDGS INC COM 653520106 28,041 2,077,100 SH SOLE 2,077,100
- -----------------------------------------------------------------------------------------------------------------------------------
NEWS CORP LTD SP ADR PFD 652487802 82,658 1,731,055 SH SOLE 1,731,055
- -----------------------------------------------------------------------------------------------------------------------------------
OCWEN FINL CORP COM 675746101 194 25,000 SH SOLE 25,000
- -----------------------------------------------------------------------------------------------------------------------------------
OFFICE DEPOT INC COM 676220106 72,277 6,596,900 SH SOLE 6,596,900
- -----------------------------------------------------------------------------------------------------------------------------------
ON COMMAND CORP COM 682160106 10,857 723,768 SH SOLE 723,768
- -----------------------------------------------------------------------------------------------------------------------------------
PHELPS DODGE CORP COM 717265102 238 5,000 SH SOLE 5,000
- -----------------------------------------------------------------------------------------------------------------------------------
PRIME HOSPITALITY CORP COM 741917108 26,130 3,604,100 SH SOLE 3,604,100
- -----------------------------------------------------------------------------------------------------------------------------------
PIER 1 IMPORTS INC COM 720279108 34,538 3,369,600 SH SOLE 3,369,600
- -----------------------------------------------------------------------------------------------------------------------------------
PNC BK CORP COM 693475105 1,352 30,000 SH SOLE 30,000
- -----------------------------------------------------------------------------------------------------------------------------------
PARK PL ENTMT CORP COM 700690100 64,523 5,580,400 SH SOLE 5,580,400
- -----------------------------------------------------------------------------------------------------------------------------------
POGO PRODUCING CO COM 730448107 23,735 830,975 SH SOLE 830,975
- -----------------------------------------------------------------------------------------------------------------------------------
PROVIDIAN FINL CORP COM 74406A102 43,746 505,000 SH SOLE 505,000
- -----------------------------------------------------------------------------------------------------------------------------------
RYDER SYS INC COM 783549108 133,403 5,880,000 SH SOLE 5,880,000
- -----------------------------------------------------------------------------------------------------------------------------------
RESOURCE AMERICA INC CL A 761195205 986 136,000 SH SOLE 136,000
- -----------------------------------------------------------------------------------------------------------------------------------
TRANSOCEAN SEDCO FOREX INC COM G90078109 17,636 343,700 SH SOLE 343,700
- -----------------------------------------------------------------------------------------------------------------------------------
REYNOLDS METAL CO COM 761763101 10,018 149,800 SH SOLE 149,800
- -----------------------------------------------------------------------------------------------------------------------------------
ROSS STORES INC COM 778296103 23,062 958,400 SH SOLE 958,400
- -----------------------------------------------------------------------------------------------------------------------------------
REPUBLIC SVCS INC COM 760759100 47,110 4,307,200 SH SOLE 4,307,200
- -----------------------------------------------------------------------------------------------------------------------------------
IMS HEALTH INC COM 449934108 56,788 3,352,800 SH SOLE 3,352,800
- -----------------------------------------------------------------------------------------------------------------------------------
SBC COMMUNICATIONS INC COM 78387G103 6,527 155,400 SH SOLE 155,400
- -----------------------------------------------------------------------------------------------------------------------------------
SANTA FE SNYDER CORP COM 80218K105 18,532 1,925,400 SH SOLE 1,925,400
- -----------------------------------------------------------------------------------------------------------------------------------
SHAW INDS INC COM 820286102 61,871 4,073,800 SH SOLE 4,073,800
- -----------------------------------------------------------------------------------------------------------------------------------
SLM HLDG CORP COM 78442A109 3,331 100,000 SH SOLE 100,000
- -----------------------------------------------------------------------------------------------------------------------------------
STONE & WEBSTER INC COM 861572105 145 10,000 SH SOLE 10,000
- -----------------------------------------------------------------------------------------------------------------------------------
AT&T CORP COM 001957109 21,308 378,800 SH SOLE 378,800
- -----------------------------------------------------------------------------------------------------------------------------------
TANDY CORP COM 875382103 254 5,000 SH SOLE 5,000
- -----------------------------------------------------------------------------------------------------------------------------------
TENET HEALTHCARE CORP COM 88033G100 49,705 2,161,100 SH SOLE 2,161,100
- -----------------------------------------------------------------------------------------------------------------------------------
TJX CORP COM 872540109 43,141 1,944,400 SH SOLE 1,944,400
- -----------------------------------------------------------------------------------------------------------------------------------
TOSCO CORP COM 891490302 12,842 421,900 SH SOLE 421,900
- -----------------------------------------------------------------------------------------------------------------------------------
TYCO INTL LTD NEW COM 902124106 78,011 1,564,136 SH SOLE 1,564,136
- -----------------------------------------------------------------------------------------------------------------------------------
UNOCAL CORP COM 915289102 8,363 281,100 SH SOLE 281,100
- -----------------------------------------------------------------------------------------------------------------------------------
UNITEDGLOBALCOM CL A 913247508 22,489 299,600 SH SOLE 299,600
- -----------------------------------------------------------------------------------------------------------------------------------
UNIYSYS CORP COM 909214108 11,886 466,100 SH SOLE 466,100
- -----------------------------------------------------------------------------------------------------------------------------------
USA NETWORKS INC COM 902984103 35,892 1,590,800 SH SOLE 1,590,800
- -----------------------------------------------------------------------------------------------------------------------------------
VODAFONE AIRTOUCH PLC COM 92857T107 24,425 439,600 SH SOLE 439,600
- -----------------------------------------------------------------------------------------------------------------------------------
WARNACO GROUP INC CL A 934390105 44,063 3,730,200 SH SOLE 3,730,200
- -----------------------------------------------------------------------------------------------------------------------------------
WELLS FARGO & CO NEW COM 949746101 19,748 482,400 SH SOLE 482,400
- -----------------------------------------------------------------------------------------------------------------------------------
WALTER INDS INC COM 93317Q105 22,288 2,875,863 SH SOLE 2,875,863
- -----------------------------------------------------------------------------------------------------------------------------------
WILLIAMS COS INC DEL COM 969457100 40,216 915,300 SH SOLE 915,300
- -----------------------------------------------------------------------------------------------------------------------------------
WORKFLOW MGMT INC COM 98137N109 6,643 246,600 SH SOLE 246,600
- -----------------------------------------------------------------------------------------------------------------------------------
DENTSPLY INTL INC NEW COM 249030107 11,549 407,000 SH SOLE 407,000
- -----------------------------------------------------------------------------------------------------------------------------------
LORAL SPACE & COMMUNICATIONS PFD CONV 6% G56462149 11,072 346,000 SH SOLE 346,000
- -----------------------------------------------------------------------------------------------------------------------------------
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